Higher priced smartphones now have more takers in India

Tuesday, April 11, 2017, 12:28 PM

Smartphone makers in India had one big positive last year, when they were hit by slowing sales. Average sale price of these devices, crucial to their revenue and profitability, rose for the first time in four years in 2016 going up by 3% and is expected to increase this year as well. This indicates smartphone users are now willing to spend more on higher-priced-products.